(Cedar Rapids IA) – GreatAmerica Financial Services Corporation announced today that it acquired the assets of IRH Capital LLC, a recognized leader in the franchise financing industry. The acquisition will allow Northbrook, IL based IRH Capital to expand its services and add a new industry focus to the GreatAmerica business platform.
Many contractors, both small and large, finance their equipment and software rather than purchase with a lump sum payment because of the cash flow benefits this practice can bring to their businesses. In fact, according to the 2013 Bureau of Economic Analysis measurement of U.S. Gross Domestic Product and the Equipment Leasing and Finance Foundation, $0.56 of every dollar spent on equipment and software in the U.S. was financed. That's $827 billion in 2013. Equipment financing is a major source of capital for the business sector and a growth engine for the U.S. economy.
This article first appeared in the June 2013 issue of Construction Business Owner magazine.
The National Equipment Finance Association (NEFA) announced that it would rename it's Member of the Year Award to honor the late Chris Walker, last year's recipient of the award. The first presentation of the Chris Walker Memorial Member of the Year Award will be at NEFA's annual business meeting luncheon to be held during the 2012 Funding Symposium in Washington, DC, September 13-15. In addition, an education fund has been established in Chris Walker's name.
The nuances of servicing a portfolio are myriad, and taking the time to learn all the ins and outs could take valuable time away from "business-getting" activities and deviate from a primary mission. Businesses initiate change in their servicing by first assessing whether their current servicing arrangements are the right solution.
(Cedar Rapids, IA) – GreatAmerica Leasing Corporation has won the 2012 Recharger Magazine Readers Choice Award for Best Customer support at the World Expo in Las Vegas, Nevada. The award, voted on by readers of the Recharger publication, recognizes companies whose customers have the highest level of satisfaction with their technical support, delivery, packaging, warranty and marketing support. "To be recognized in this way from a field of so many excellent companies is such an honor," said Jennie Fisher, Senior Vice President and General Manager of the GreatAmerica Office Equipment Group. "This is a testament to our commitment to build lifelong relationships with our customers by delivering unparalleled service. It's also a nice validation of our efforts over the last twenty years to elevate the quality of support in the financial services industry." GreatAmerica was also nominated in two more of the 11 award categories, including Best Managed Print Program and Best Article ("Strategic Planning Essentials," by Sally Brause). Winners of the 2011 Recharger Magazine Readers Choice Awards were announced at the RCA Ceremony on July 20 at World Expo in Las Vegas. All nominees that did not win first place were recognized for outstanding contributions. Full coverage and photos will appear in the September issue of Recharger. This honor comes on the heels of GreatAmerica winning the Managed Print Services Association (MPSA) 2012 MPSA Leadership Award in the Professional Services category in May. For a full list of nominees and winners, visit http://rechargermag.com/articles/2012/07/23/rca2012.aspx About GreatAmerica Leasing Corporation GreatAmerica is more than just a national financing company. We are a partner to many office equipment companies, and are dedicated to helping them become more successful. Our commitment to understanding the industry has positioned us as the unparalleled leader in single invoice solutions (MPS, MNS, and other specialized billing options). We also offer innovative non-financial services to help our dealers evolve their businesses, including Collabrance™ Managed IT Services, PathShareSM HR Services, Info-Zone®.com, and FleetView™ remote monitoring. We deliver all of this with extraordinary customer service, which has come to be known in the industry as "The GreatAmerica Experience".
The Imaging Channel, January 2012, Vol. 3, No. 1
(Cedar Rapids, IA) - - GreatAmerica Leasing Corporation announced today the formation of a new business unit—the GreatAmerica Specialty Markets Group—to focus on niche vendor finance programs. The sales and operational platform of Grandview Financial Inc, headed by 18-year leasing veteran Brian Bjella, has joined GreatAmerica to support this effort.